ISE changes corporate structure to allow for mergers, acquisitions

International Securities Exchange (ISE) announced last week the formation of a new parent company. To be known as  International Securities Exchange Holdings, the exchange said it hoped the new entity would allow it more flexibility to fold in other companies under its corporate umbrella.

"This gives us the opportunity to acquire or create new businesses and manage them in some cases with equity partners or on our own," said Bruce Goldberg, chief marketing officer of ISE.